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(a) Explain what is Free Cash Flow. (b) Explain what is the WACC of a company. (c) As of today, find out what is the
(a) Explain what is Free Cash Flow. (b) Explain what is the WACC of a company. (c) As of today, find out what is the Free Cash flow in dollars for ADBE (Adobe) and CRM (SalesForce) using annual statements. (d) Suppose you are the CFO of a well-established company, if you have a chance to double the Free Cash Flow of the company, but it requires the costs of the capital for the company to more than double, say, triple, will you do it ? explain your reasoning.
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